Ryanair Holdings (RYAAY) Debt to Equity (2009 - 2026)

Ryanair Holdings (RYAAY) recorded quarterly Debt to Equity of $0.13 in Q1 2026, down 13.06% quarter-over-quarter from $0.15 in Q4 2025, and down 62.97% on a YoY basis from $0.36 in Q1 2025.

Ryanair Holdings (RYAAY) Debt to Equity (2009 - 2026) Analysis & Trends

Ryanair Holdings' Debt to Equity history runs 18 years deep, the most recent figure standing at $0.13 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 62.97% year-over-year to $0.13; the TTM figure through Mar 2026 stood at $0.13 (down 62.97% YoY), while the FY2026 annual figure was $0.13, down 62.97% from the prior year.
  • Debt to Equity was $0.13 for Q1 2026 at Ryanair Holdings, down from $0.15 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.89 in Q1 2022 to a low of $0.13 in Q1 2026.
  • Historically, Debt to Equity has averaged $0.36 across 5 years, with a median of $0.33 in 2024.
  • The sharpest annual moves came in 2024 and 2026: Debt to Equity climbed 7.31% in 2024, then sank 62.97% in 2026.
  • A 5-year view of Debt to Equity shows it stood at $0.89 in 2022, then sank by 62.89% to $0.33 in 2023, then retreated by 6.14% to $0.31 in 2024, then slumped by 50.58% to $0.15 in 2025, then decreased by 13.06% to $0.13 in 2026.
  • The last three Debt to Equity figures came in at $0.13 (Q1 2026), $0.15 (Q4 2025), and $0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 0.13
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 0.70
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 0.78
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 0.71
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 1.43
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 0.88
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 4.66
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 1.63

Historic Data

Download Data
DateValue
Mar 31, 2026 0.13
Dec 31, 2025 0.15
Sep 30, 2025 0.15
Jun 30, 2025 0.30
Mar 31, 2025 0.36
Dec 31, 2024 0.31
Sep 30, 2024 0.33
Jun 30, 2024 0.33
Mar 31, 2024 0.34
Dec 31, 2023 0.33
Sep 30, 2023 0.31
Mar 31, 2023 0.69
Mar 31, 2022 0.89
Mar 31, 2021 1.13
Mar 31, 2020 0.81
Mar 31, 2019 0.70
Mar 31, 2018 0.89
Mar 31, 2017 0.99
Dec 31, 2016 0.77
Sep 30, 2016 0.82